Migration is the process of sending UP tokens to the Unifi Protocol. Those UP tokens are then burned. Based on the details of that specific migration, participants are then allowed to claim an amount of UNFI tokens.
Unifi would like to remind the community that not all migrations will have the same process. Each migration is an individual event and participants should ensure they are aware of all details prior to participation.
Unifi - as well as community members via Referendums - will be proposing and evaluating effective methods of migration that appeal to a diverse community. A variety of options for migrating UP to UNFI is a benefit to the Unifi ecosystem.
For more information on Migrations, please visit our Medium blog. This article is a great introduction.